September 28, 2022

What are the top 3 crypto apps currently operating in the UK?

In the world of cryptocurrencies, the ease of trading cryptocurrencies with just a click on your smartphone or a tap is something every enthusiast is looking for. This has led to the growth of mobile apps, which allow you to trade cryptos, compare cryptos, and keep an eye on the overall crypto market.

But the question that users or consumers often ask is which mobile application is the best and most reliable.

We have compiled a list of 3 reputable and reliable mobile crypto apps that offer facilities for quick market trading and monitoring.

eToro

Backed by one of the leading crypto exchanges, the eToro mobile app boasts of offering support for 43 digital assets. eToro is a regulated crypto trading app licensed by the UK’s Financial Conduct Authority (FCA), and it provides features like CopyTrader. This particular feature allows new investors to record all successful trades, thus relieving new investors of possible risks they might face.

Similarly, eToro’s portfolio diversification tool called CopyPortfolio allows users to venture into multiple options from various industries, thus not being limited to a single token or type of blockchain.

Crypto.com

For those with a particular taste for cashback, the Crypto.com app is for you. Another FCA recognized mobile crypto app supports over 250 digital assets. Also, users can use their Visa cards for transactions, which will allow them to earn rewards for using their debit cards.

Crypto.com card users have a chance to earn 8% cashback, allowing them to earn returns on their cryptos. Interest is generated through various crypto assets, such as stablecoins, etc.

Coinbase

The Coinbase mobile app is best known for its seamless features, which are best suited for any beginner. As a newcomer to the crypto world, users are looking for easy-to-understand features that they can use for transactions.

As a mobile-friendly app, it offers over 300 decentralized currencies to buy, sell, or hold, with options like adding new ones instantly. Users can use multiple payment methods for transactions and set auto-debit features while using ApplePay to make payments.

Conclusion

As a market player, you also have to keep an eye out for scrupulous apps that tend to exploit users’ inexperience in the matter and lure them in with paper rewards, but end up leading to scams. Therefore, while choosing an app for trading, one should do a proper market research on the market as well as on the chosen app.